Reference no: EM13332475
PART A:
Section A
Part A1
Before the actual financial statements are evaluated, your group must inform interested parties about the company's business structure, operations, services and all other business activities that are conducted, etc.
Part A2
Locate the most recent annual report of your public listed chosen companies of the same year.Your group will need to review the major sections of this report in order to familiarize yourselves with the content of each of the financial statements and appropriate footnotes.
•Review the most recent year-end balance sheetsof the companies and indicate the following:
The amount of total current assets The amount of total non-current assets The amount of total current liabilities
1 The amount of total non-current liabilities ?? The amount of total stockholder's equity
Compare the above figures with the figure of second company. Compare percentage increase or decrease. (Use Excel Sheet)
Part A3
• Review the most recent year's income statementand indicate the following:
• total (operating) revenues; • cost of goods sold (if listed); • total expenses (before income taxes) • any non-operating (or extraordinary) gains and losses; and • Earnings per common share.
Compare the above figures with the figure of second company. Compare percentage increase or decrease.
Part A4
Review the statement of cash flowsfor the most recent year and indicate the following:
• net cash inflow (outflow) from operating activities; • net cash inflow (outflow) from financing activities; • net cash inflow (outflow) from investing activities; and • net increase (decrease) in cash during the year.
Compare the above figures with the figure of second company. Compare percentage increase or decrease.
Part A5
Review the stockholders' equity sectionin your chosen company's most recent year-end balance sheet and compare that with the figure of second company. Compare percentage increase or decrease. Compare percentage increase or decrease.
• List the stockholders' equity account balances and number of outstanding shares from these two balance sheets and compute the increase or decrease for each during this past year.